Australia's largest stock trading and investment forum Australia's #1 stock forum

Another good scary point, yes the banking sector. does anybody...

First 23 Last

Share
Profile

Follow
happydayz

14,188 Posts.

496

29/07/21

03:21

Post #: 54852846
Share

Originally posted by bang57: ↑

And they still have room to push rates lower.
We will get negative rates for all savers who keep their money in the bank , in this situation are better off to lend your money to your kids in an off set account and hope they dont run off with it. (They may also not allow 100% offset ) Interest rates will drop to 1.4% and bank fees will rise to make up the shortfall.
after this,
the shit will hit the wall and the day of reckoning will arrive,
The great reset will begin.

Expand

Another good scary point, yes the banking sector. does anybody ever feel like it's too much and just forget about it till tomorrow. I do.
Upvote

Reply

There are more pages in this discussion • 17 more messages in this thread...

First 23 Last